Private equity ownership rises among health providers
There's been a national surge in the number of investment firms acquiring health care providers – with South Florida among the top regions fueling that trend......»»
Brentwood firm with notable local backing gets new majority owner
Trilliant Health has received another big round of funding — and this time it comes with a new majority owner. Cleveland-based private equity firm Primus Capital has made a “significant†majority investment in the Brentwood-based company, Tr.....»»
Baird Capital partakes in $22M funding round for Chicago health tech startup Apervita
Baird Capital, the venture capital, growth equity and private equity investment arm of Milwaukee's Robert W. Baird & Co., participated in a $22 million round of funding for Chicago health care startup Apervita. Baird Capital is based in Chicago but.....»»
Nashville health care company bought by New York private equity firm
One of Nashville’s largest health-tech companies has a new owner. Electronic health records provider Qualifacts has been sold to private equity firm Warburg Pincus LLC, according to a news release. The previous owner was Grant Hill Partners. Ter.....»»
Tegna confirms it rejected acquisition offer from private equity giant
Tegna Inc. confirmed Wednesday that it rejected an acquisition offer from Apollo Global Management LLC (NYSE: APO) earlier in 2019 — a deal that could have put Atlanta's WXIA TV under the same ownership as rival WSB TV. The disclosure by the company, .....»»
Alpharetta health tech data company raises $30 million
Ciox Health, an Alpharetta-based healthtech company with a focus on clinical data exchange, has raised $30 million in a funding round from new investor Merck Global Health Innovation Fund and private equity firm New Mountain Capital. Ciox will .....»»
Why Centerbridge Would Buy Magellan Health — and Keep It
Private equity firm Centerbridge Partners is reportedly discussing an acquisition of health care provider Magellan Health. While not on the same scale as recent mega-mergers in the sector, this might........»»
The Wall Street Journal: Magellan Health in talks to sell to private-equity firm Centerbridge
Managed-care provider Magellan Health Inc. is in exclusive talks for a possible sale to private-equity firm Centerbridge Partners LP, according to people familiar with the matter......»»
The Wall Street Journal: UnitedHealth agrees to $3.2 billion deal to buy payments company Equian
UnitedHealth Group Inc. has agreed to buy health-care payments firm Equian LLC from its private-equity owner for about $3.2 billion, according to people familiar with the matter......»»
Five things you need to know today and a case study in generosity
Good morning, Cincinnati! Here are the five most important things you need to know to help start your busy business day: Bon Secours Mercy Health has struck a deal with a California private equity firm to sell a majority stake in Ensemble Healt.....»»
Mercy Health to sell majority stake in fast-growing subsidiary
Bon Secours Mercy Health has struck a deal with a California private equity firm to sell a majority stake in Ensemble Health Partners, which specializes in the management and collection of patient service revenue for Mercy Health-Cincinnati and othe.....»»
Nestle in talks with EQT Partners to sell skin health unit: source
Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to a source familiar with the matter......»»
Nestle in talks with EQT Partners-led consortium for its skin health unit: source
Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to a source familiar with the matter......»»
Tampa private equity company takes aim at growing health care practices along Florida"s west coast
A medical practice in the portfolio of HealthEdge Investment Partners has bought Cape Coral Hospitalists Inc. HealthEdge portfolio company Spectrum Medical Partners Inc. is aiming to become a regional leader, and the deal for the Cape Coral company gives.....»»
WeddingWire CEO details next steps after selling majority ownership
The Chevy Chase company disclosed plans to sell a majority stake to London-based private equity firm Permira for $350 million......»»
Private-equity firms are buying doctor’s offices across the U.S. — and critics say profits are coming before patients
Financial firms are looking for a profit in medical offices, but critics say it’s hurting patient care and driving up health costs......»»
Doctor’s offices are a hot investment — what does that mean for profit vs. patient care?
Private-equity firms are buying doctor’s offices across the U.S. — but critics say profits are coming before patients, and driving up health costs......»»
Private equity firm KKR to acquire Envision Healthcare, report says
KKR is close to announcing a deal to buy Envision Healthcare as the private equity firm continues its health-care acquisition spree. .....»»
Veritas-backed Verscend to acquire health care payments company Cotiviti for $4.9 billion in cash
Verscend Technologies Inc., a portfolio company of private-equity firm Veritas Capital, said it has agreed to acquire Cotiviti Holdings Inc. for $4.9 billion in cash. Cotiviti provides paymen.....»»
Arconic rises after report of private equity interest
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Report: Nashville hospital company in $6B sale talks
Brentwood-based LifePoint Health Inc. is in “advanced talks†to be sold to a private equity firm, Reuters reported Friday afternoon. Citing “two people familiar with the matter,†Reuters reports that Apollo Global Management LLC could acquire .....»»